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Global Ceramic Tiles Market to Grow at 5.84% During 2023-2028, Impelled by Rising Construction Activities

December 10, 2021

According to the latest report by IMARC Group, titled “Ceramic Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global ceramic tiles market size reached US$ 80.0 Billion in 2022. Ceramic tiles refer to thin slabs that are made by the amalgamation of natural and hard-weaning materials, such as sand, clay, dolomite, metal, and quartz. They are commercially available in different textures, colors, and designs. As compared to hardwood and other flooring solutions, tiles are more durable, strong, lightweight, versatile in nature, and exhibit anti-bacterial and anti-skid properties. They also offer significant resistance to high temperatures, while withstanding exposure to caustic chemicals. Due to these properties, they find extensive applications in hospitals, laboratories, and hotels as a preferred choice for floors, pipes, tableware, and cabinets.

Global Ceramic Tiles Market Trends:

The global ceramic tiles market is majorly being driven by the rising construction activities due to rapid urbanization and industrialization, particularly in emerging economies. This, in turn, is creating a demand for aesthetic flooring solutions in residential spaces. In line with this, the rising environmental concerns have led manufacturers to produce ceramic tiles by using naturally occurring minerals and eco-friendly processes, which is aiding in reducing carbon emissions. Additionally, the adoption of advanced technologies and specialized equipment, such as spray drying, pressing, firing, for selection, manipulation, and control has enabled the easy availability of ceramic tiles in varied sizes, shapes, and textures. This is creating a positive outlook for the market across the globe. Looking forward, the market is expected to grow at a CAGR of 5.84% during 2023-2028.

Market Summary:

  • Based on the type, the market has been divided into floor, wall, and other tiles. Amongst these, floor tiles dominate the global market.
  • On the basis of the application, the market has been segmented into residential, commercial, and replacement. Currently, commercial sector represents the leading segment in the market.
  • On the geographical front, the market has been segregated into China, Brazil, India, Vietnam, Indonesia and others. Presently, China represents the largest producer, consumer, and exporter of ceramic tiles.
  • The competitive landscape of the market has also been examined, with some of the key players being Mohawk Industries Inc., Siam Cement Group Public Company Limited, Grupo Lamosa, RAK Ceramics P.J.S.C, Ceramica Carmelo For Ltda.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Ceramic Tiles Market to Grow at 5.84% During 2023-2028, Impelled by Rising Construction Activities
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